A disadvantage of the permeation of communication, technology, and media into everyday life involves ______.
a. being able to instantly access information
b. easily staying in touch with friends
c. the convenience and efficiency of having readily available technology for communicating
d. the availability of communication technologies while driving
d. the availability of communication technologies while driving
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In 2016, Scranton, Inc sold 2,000 carpets for $50 each. The carpets carry a 2-year warranty for repairs. Scranton estimates that repair costs will average 3% of the total selling price. What is the amount that would be recorded in the warranty liability account as a result of selling the carpets during 2016?
a. $1,500 b. $3,000 c. $50 d. No liability should be recorded until the carpets are returned for repairs.
Which of the following statements describes a scenario when management should consider dropping a business division?
A) The division has been consistently reporting an operating loss. B) The division's avoidable fixed costs are less than its contribution margin. C) The division's avoidable fixed costs are greater than its contribution margin. D) The division's unavoidable fixed costs are greater than its operating loss.
Demitri knew if he wanted to finish his doctoral degree by the end of the term he would have to re-prioritize his time. The first thing he committed to do was setting a daily schedule and then sticking to it. He even planned a little margin in each day for any urgent items that might come up. Which habit is he practicing?
A. habit 1: be proactive B. habit 2: begin with the end in mind C. habit 3: put first things first D. habit 4: think win-win
Which of the following organizations issues bank notes and coins and regulates the quantity of money in circulation?
A. the World Bank B. the International Monetary Fund C. A commercial bank D. A central bank